Sundae raises $16.6m in Series A funding
San Francisco based residential real estate marketplace that pairs sellers of distressed property with potential buyers raised $16.6m in...
San Francisco based residential real estate marketplace that pairs sellers of distressed property with potential buyers raised $16.6m in...
Boston based AI messaging platform for insurance raised $8m in Series A extension funding led by True Ventures and Underscore VC.
In a single conversation happening in real time, Hi Marley streamlines communication around claims, underwriting, and service...…
The scandal at Wirecard has not only exposed a multibillion-dollar fraud in the accounts and profound failures of oversight. It has also...
San Francisco based online credit card for influencers and creators raised $4.6m in Seed funding from YC, CRV, Coatue, Twitch co-founder...
New York two-sided tenancy platform raised $5.7m in Seed funding led by Simon Baron Development, Corigin Ventures, and Alpha Edison.
That’s where Doorkee comes in: The 1-year-old New York startup is developing an all-in-one digital platform that creates a peer-to-peer...…
San Francisco based financial and data analytics startup raised $4.5m in Seed funding led by a16z.
In many ways, the important fintech categories are a race between traditional tech teams figuring out finance and financial services...…
New York based non-credit risk rating agency one of 10 companies selected for the demo day, showcasing emerging NYC fintech companies...
New York based public-benefit corporation focused on education for the incarcerated raised $5m in Series B funding led by New Markets...
Mastercard is accelerating its open banking strategy through the $825m acquisition of real-time financial data aggregation service...
Its shares have been on a tear recently, up 560% from their March lows, but more competition, apart from existing rivals such as Klarna...
Utah based payments software for sales commissions raised $10m in Series A funding led by Norwest Venture Partners.
“Commissions are a major cause of anxiety for teams who don’t understand or trust their incentive plan and many waste hours every month...…
Visa has built a digital tool that uses AI and proprietary data to help US financial institutions predict credit application fraud.
The Advanced Identity Score combines AI and predictive machine learning capabilities with application and identity-related data to...…
Fed is requiring all 34 big banks that participated in the exercise to resubmit capital plans, seeking to ensure they have enough...
Portfolio company Ocrolus's David Snitkof outlines analytical principles for recovery, with data sources and metrics that are likely to...
Brazilian SME lender BizCapital’s Series B is recent proof that fintech investment amid Covid is still possible – albeit tougher.
“I think the amount of things that we were doing, and were able to do, to confront the crisis, helped us closed the round,” says...…
For years, there have been mutual funds and ETFs focused on companies scoring well on various environmental, social and governance...
Despite pushback from some regulators in Congress, newest Volcker rule update will allow banks—in certain circumstances—to invest or...
Dorseys’s payments company announced a new option for restaurants & stores to have products delivered to customers.
Wednesday’s announcement underscores Square’s effort to beef up online offerings for small businesses that are being hit especially hard...…
Uber's financial services leader Peter Hazlehurst is calling it quits as the ride-hailing giant focuses on rides and food delivery, and...
One in four of every professionally invested U.S. dollar is tied to environmental, social and governance criteria. But the Trump...
A fascinating look from the FT on how the payments group became one of the hottest stocks in Europe while battling persistent allegations...
WhatsApp said it had been blindsided by Brazil’s decision to block its digital payments service, just a week after it launched, and...
Computershare, one of the main share registry companies in Australia, told the FT it was seeking a two-year delay in implementation...
Australian fitness chain F45 Training is set to list on the US Nasdaq exchange after striking a deal to merge with Crescent Acquisition,...
Los Angeles based financing platform for subscription software companies raised $60m in equity and asset-based Seed extension funding led...
New York based equity capital markets technology startup raised $25m in Series B funding from Barclays, Citi, Fidelity, Goldman Sachs,...
Special-purpose acquisition companies, or SPACs, are having a moment. Led by some of 2020’s buzziest new stocks, a stampede of SPAC...
The special purpose acquisition vehicle, or SPAC, is aiming to seize opportunities created by the coronavirus pandemic — anything from...
The filing caps a spectacular unravelling that began a week ago with Wirecard’s admission that €1.9b of cash was missing and on Monday...
Boston based provider of homeowners insurance platform raised $15m in Series A funding led by Obvious Ventures.
Since launching in late 2019, Openly has seen rapid adoption of its home insurance product and has expanded its coverage, currently on...…
Philadelphia based home renovation loan provider raised $6.4m in Series A funding led by Canaan Partners.
“Most lenders have this major gap in their product suite, and are not offering renovation loans. RenoFi provides the platform that makes...…
Egypt based fintech platform raised $4m in Series A funding led by Partech and Sawari Ventures to expand its digital money circles...
Bangkok based payments company raised $80m in Series C funding led by Siam Commercial Bank's venture capital subsidiary SCB 10X and Sparx...
New York based health care financial engagement platform raised $102m in Series C funding led by Andreessen Horowitz.
“The COVID-19 pandemic has put a spotlight on many of the inefficiencies and archaic processes across our current health care system...…
The Zopa Fixed Term Savings Account offers a competitive rate over 1-5 years and the account can be opened in as little as 7 minutes...
London based online payments startup raised $150m in Series B funding led by Coatue Management at a $5.5b valuation.
Founded in 2012, the London-based company sells a software platform that makes it easier for businesses to process and take payments over...…
This week the European head of payments company Visa told the FT that the pandemic would lead to a “permanent” shift away from cash but...
By removing the cost of commuting, eating out and leisure from normal spending UK households are saving £162 a week on average during...
New York faces a gold rush after the pandemic threw precious-metal markets into disarray, setting off a scramble by traders to cut their...
Mr. Braun, a tall 50-year-old computer scientist from Vienna with an intense manner of speaking, had been Wirecard’s CEO and chief...
Robinhood has captured the zeitgeist, but the online finance industry is evolving rapidly around it forcing it will to continue to figure...
Tens of millions of retirement-ready individuals have decided to exit the market rather than hold. Almost 1/3 of investors ages 65 and up...
Goldman has decided to delay the launch of its robo advisor until 2021, COO John Waldron said. The firm is also slowing its hiring of...
More than 40 different fintech firms, digital currency companies, and nonprofits are teaming up to launch a universal payment ID in a bid...
Brazil based money transfer service raised $20m in Series A funding led by Kaszek Ventures.
Since its launch in 2016, Remessa Online has provided a pipeline for over $2 billion worth of international transfers for small and...…
Boston based accounting automation startup raised $25m in Series B funding led by Point72 Ventures.
CEO and cofounder Enrico Palmerino said the funding will allow Botkeeper to “double down” on engineering and product development for its...…
Square has attracted a ton of users with Cash App, its peer-to-peer payment app that lets you easily send and receive money from your...
Portfolio company Flutterwave, which began as a digital payments company, also launched an online marketplace in April, where...
Markus Braun’s almost two decades as Wirecard AG’s chief executive officer ended after accusations about the company’s accounting...
Cambridge Centre for Alternative Finance, alongside the World Bank and World Economic Forum, launches survey to assess impact of COVID-19...
The UK's Supreme Court has come down in favor of the UK's biggest supermarket chains in a long-running legal battle over the level of...
European Commission opened antitrust investigation into Apple's terms and conditions and its steadfast refusal to open up its NFC...
Portfolio company MoneyLion receives award in Digital Multiproduct Offering category, being recognized as one of the industry’s best and...
It has been operating in the country since April 2016 as an exchange correspondent for local banks. The approval will greatly reduce...
In recent months, the Indian telecom upstart has attracted a slew of significant investments from corporates, VCs and private equity...
Brazil based online lender BizCapital raised $12m in Series B funding led by DEG , the German development finance institution.
The capital raised will be directed at accelerating the development of new product offerings to Brazilian SMEs, as well as to continue...…
New York based market data infrastructure platform raised $21m in Series A funding led by Credit Suisse Asset Management's NEXT Investors.
Commenting on the investment, Patrick Flannery, MayStreet CEO and Co-Founder, said: “For firms across our industry –banks, quantitative...…
San Francisco based River Financial raised $5.7m in Seed funding led by Polychain Capital to help build out a suite of financial services...
San Francisco based challenger banks raised $40m in Series D funding led by Santander InnoVentures at a $1b valuation.
The startup told TechCrunch that ten million individuals have applied for credit from the company. That demand has led to rising loan...…
Los Angeles provider of financial planning and savings tools for parents raised $9m in Series A funding led Anthos Capital.
“To me the investment in UNest is a great opportunity to help my community. It aligns with my vision that all kids deserve a chance to...…
New York and Tel Aviv based AI-driven asset management firm raised $102m in Series D funding led by GIC.
“The world is changing quickly and investors need a performance edge — more and more are turning to Pagaya,” said Gal Krubiner, Pagaya’s...…
This week IMMO were named in the The Technology Pioneers of 2020, an invitation-only group of the world’s most promising start-ups and...
After months of talks and trials, WhatsApp has finally pulled the trigger on payments in its app. Users in Brazil will be the first to be...
London based challenger bank raised £60m in additional funding at a down-valuation of £1.24b from existing investors Reference Capital...
Mexico and Colombia based real estate tech company raised $16m in Series A funding led by Kaszek Ventures.
La Haus provides tools for closing real estate transactions digitally, including listings and other essential information. Transactions...…
Philippines based digital bank raised $21m in Series A led by Sequoia Capital and Point72 Ventures.
Greg Krasnov, the founder and chief executive of Tonik, said according to the his estimates the retail savings market in the Philippines...…
Chinese tech group behind TikTok seeks to expand reach with a move into financial services by joining forces with Singapore’s influential...
The New York startup has filed with the SEC to raise $100m in an IPO on the NYSE. The company reported annualized revenue of $100m.
Launched in 2016, Lemonade provides insurance for renters and homeowners in the U.S. that covers stolen or damaged property, as well as...…
SEC proposes raising the cap on the amount private companies can raise online via an investment portal under Regulation CF to $5m a year.
Beyond the important step of raising the annual ceiling to $5 million, the proposed SEC rule revisions include a host of other changes...…
The number of users holding JETS on retail trading platform Robinhood surged to nearly 30,000 this week even after Berkshire Hathaway...
“Stocks only go up” was the philosophy, and however tongue-in-cheek the intent, it got a jarring refutation Thursday as the S&P 500...
The U.K. arm of Goldman's digital bank Marcus, has attracted about $27 billion from more than 500,000 savers since its launch in 2018....
Under Google’s plan, users will be able to click on a merchant’s branded button inside Google Pay so they can place orders and pay for...
Dubai, UAE based P2P payments app raised $850k in pre-seed funding led by Class 5 Global.
“We want to democratize access to financial services by placing one platform in the hands of every individual. For example, we want to...…
+70%: The minimum single-day stock appreciation seen Monday, June 8 for a half-dozen companies in or nearing bankruptcy. That included...
London based financial data aggregation API platform raised $10m in Seed funding from Index Ventures.
Many financial institutions waste a ton of time getting Excel files from their customers to review balance sheets. As many small...…
Amazon is introducing a new digital credit line for U.S.-based merchants with partner bank Goldman Sachs for up to $1m.
The move — the latest high-profile collaboration between the worlds of technology and banking — is the first time Amazon will let a...…
New York based data analytics platform for insurance providers raised $16m in Series B funding led by Team8 Capital.
Co-founder and CEO Elad Tsur told TechCrunch it currently works with “dozens of commercial insurance companies in the U.S., and among...…
UAE based consumer financing startup raised $7m in Seed funding led by Raed Ventures.
Hosam Arab, co-Founder and CEO of Tabby said: “We are very pleased to bring our best-in-market solution to Saudi Arabia at a time when...…
Utah based dispute management platform for merchants raised $6.6m in Series A1 funding led by Fintop Capital and Next Frontier Capital.
John Munro, CEO, Chargeback, says: "With the rise of e-commerce spending during the COVID-19 pandemic, merchants have seen a rise in...…
London based digital documentation startup raised $27m in venture funding from JPMorgan, Goldman Sachs, Barclays, and Linklaters.
“The need for meaningful solutions in the digital document space across financial services is immense,” says Sarah Shenton, a growth...…
Chicago based digital investment platform raised $33m in Series B funding led by Left Lane Capital.
M1 Finance has created a no-fee investing app that offers users an automated brokerage, portfolio lines of credit and digital banking. In...…
Boston based software provider for insurers raised $230m of funding from new and existing investors including Kayne Anderson Rudnick and...
Belgium based accounting software startup raised $30m in Series B funding led by Hg.
After that, Silverfin standardizes your data set and lets you add data manually so the platform can become the main data repository. ...…
New York based sharia-compliant investment platform raised $25m in venture funding led by Saudi Aramco Entrepreneurship Ventures, the...
Togo’s president Faure Gnassingbé has looked to solve that problem with Novissi, a digital cash transfer program that sends funds to...
The days of having to wait until Monday morning to react to news that broke during the weekend may be numbered for some investors. LMAX...
Traditional financial institutions are claiming the coronavirus pandemic is weakening the upstarts that have been challenging them since...
UK fintech companies have come of age during the current crisis, but there are calls for regulatory change to help them grow even faster.
Among those selected by the state-owned British Business Bank to process applications were online bank Starling, peer-to-peer platform...…
By joining up with out-of-state banks U.S. payday lenders are bypassing ad bans on Google and Facebook and marketing loans that typically...
POS lender Affirm has introduced an FDIC insured savings account with the following features: 1.30% APY, one of the highest interest...
Employees seeking to enhance their 401(k) retirement savings in the U.S. can now invest in private equity firms via professionally...
XP Inc. bought a majority stake in fintech Fliper, its second acquisition since listing on the stock exchange in December 2019. The...
GS is closing easy access savings business to new customers in Britain from Wednesday after deposits surged near regulatory limits during...
Portfolio company Flutterwave was evaluated using CB Insights' Mosaic algorithm, which combines a company’s financial health, amount of...
Portfolio company Sigma Ratings' CEO Stuart Jones quoted by WSJ in article making case for private sector's role in shaping new...
Gabrielle Haddad, COO of portfolio company Sigma Ratings will feature as a panelist on a virtual roundtable aired live on June 15, 2020,...
The arrangement will allow riders to top up Uber wallets using the dozens of remittance partners active on portfolio company...
France based international payments and FX platform raised €21m in Series C funding from Elaia and Bpifrance’s Large Venture fund.
As for getting paid, iBanFirst gives you your own banking information in 30 currencies. You can share a Turkish IBAN, an American account...…
Vietnam based consumer real estate platform raised $25m in Series A financing led by Gaw Capital and SoftBank Ventures Asia.
“We’re carrying an all-time high pipeline of deals, as consumers start to have more confidence and know where the market will be in two...…
Chicago based property tax automation platform raised $2m in Seed funding led by Khosla Ventures.
Once you’ve punched in your address, TaxProper’s algorithm looks at the assessments of similar homes in your surrounding area, looking at...…
Sweden based platform enabling merchants to better handle online transactions raised an undisclosed amount of funding led by...
NYC based barbershop management and point of sale system software platform raised $34m in Series B funding led by CRV.
Led by Songe LaRon, co-founder and CEO, and Dave Salvant, co-founder and President, Squire provides barbers and shop owners with the...…
Palo Alto based platform for organizing future earnings for people in high volatility careers raised $8m in Series A funding led by Core...
Las Vegas based startup focused on online fraud detection and prevention for SMBs raised $123m in Series A funding co-led by Lightspeed...
South Africa based crypto-driven solar power platform raised $3m in Series A financing led by the Africa Renewable Power Fund.
“You as an individual are selling electricity to a school in South Africa, via a solar panel you bought through the Sun Exchange,”...…
Hundreds of parents have suffered delays getting their money back for cancelled school trips after the UK’s largest cashless payments...
As Goldman was in 2008-09, Larry Fink's $7 trillion AUM mutual and exchange-traded fund specialist has become the the default source for...
Bidders for 5 Singapore digital bank licences will have to factor in how the COVID-19 outbreak has impacted their funding and...
Hosting regular one-on-one meetups with investors and their intermediaries remains a central plank of fund groups’ sales strategy. But...
U.S. bank regulators are poised to resume easing Wall Street rules after spending the past few months carrying out emergency actions to...
The IMF expects Asia to record zero growth for the first time in 60 years, as lockdowns bring service sectors to a halt, exports plunge,...
As transactional activity on the Ethereum blockchain has risen rapidly in recent months, portfolio company TradeBlock analyzes underlying...
UK based provider of trade finance solutions secured additional funding from Barclays Bank, Coface SA, and Crayhill Capital Management LP.
"We're seeing supply chains at risk of breaking down due to the coronavirus pandemic. Companies had to deplete liquidity reserves to get...…
Monzo is waiving the one year cliff for employee vesting schedules. In addition, senior management and the board are taking 25% cut in...
Last year, debit cards were used for 17b payments, of which 7b were contactless. The use of credit cards also rose during 2019, up by 7%...
An agreement between the French ACPR and the NYDFS seeks to further develop New York and France as “innovation hubs for financial...
New York based voice communication and analytics platform raised $17.5m in Series B funding led by UBS.
"Our decision to invest in and partner with Cloud9 makes sense for many reasons. Not only are we committed to equipping our own traders...…
Portfolio company Vestwell, the digital retirement plan recordkeeper, announced the launch of a service offering all-ETF target-date...
Chicago based futures exchange raised $4m in additional funding from Interactive Brokers and Phillip Capital Group.
"The investment will enable the Small Exchange to invest in its operations and expand its offering including additional futures products...…
The Reserve Bank of Australia is considering reducing the cost of electronic payments for merchants and consumers as COVID-19 makes...
New York based robotic process automation startup raised $60m in a Series C funding round led by Bessemer Venture Partners.
It’s an argument that raises a larger philosophical question about software: are all jobs created equal? Is a local job lost more...…
San Francisco based digital paperwork platform raised $5m in Series A funding led by Gradient Ventures.
“It’s like TurboTax for any kind of paperwork,” Mang-Git Ng, Anvil’s co-founder and CEO said in an interview. “Once you create the web...…
San Francisco based decentralized identity solution raised $4m in a Seed funding led by Placeholder.
“One big difference that we have compared with something like Medium, is if you’re trying to log into your laptop and click on the link...…
New York based freelancer banking app raises $10m in Seed funding led by Group 11.
More broadly, she suggested that no traditional banking solutions are really designed to solve the problems faced by freelancers —...…
San Francisco based licensed challenger bank raised $241m in Series D funding co-led by Gallatin Point Capital and The Rise Fund.
“Trends we did not expect to see for 10 years are happening now,” Colin Walsh, co-founder and chief executive officer of Varo, said in a...…
The two companies have been rivals for decades but more recently have faced up to competition from a host of younger, digital outfits....
Switzerland based service management tools company raised $37m in growth funding from Summit Partners.
“Unlike general purpose low-code development platforms, Appway seeks to address core pain points in the financial services industry by...…
Deadline for joining the instant payment system is June 1, scheduled for launch in November. There will likely be a new opportunity to...
BAML is donating $1b over the next four years to community programs and small businesses to help address economic and racial inequality...
Amid heightened volatility in the first quarter, sustainable companies were able to provide a level of downside protection.
The data presented in the article shows returns by MSCI ESG ratings. These ratings rank a company based on how it performs relative to...…
The United States-Mexico-Canada Agreement (USMCA) provides for financial and digital trade regulations that harmonize the treatment of...
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